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Butter Market to Reach USD 56.03 Billion by 2030 with 4.11% CAGR

01-15-2025 11:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Butter Market

Butter Market

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž๐ฌ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก: ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐€๐œ๐ซ๐จ๐ฌ๐ฌ ๐Š๐ž๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ

The Butter Market is witnessing steady growth, driven by increasing demand from the food and beverage industry, rising consumer preference for natural products, and innovations in flavored and organic butter. Valued at US D 42.26 Bn. in 2023, the market is projected to grow at a CAGR of 4.11% from 2024 to 2030, reaching approximately US D 56.03 Bn. by 2030.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/148628/

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's butter market is expanding due to increased urbanization and rising consumer demand for Western-style baked goods. Companies like ๐•๐ข๐ง๐š๐ฆ๐ข๐ฅ๐ค are investing in product diversification and partnerships with global dairy brands. Government incentives supporting dairy farming are further fueling market growth.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's demand for butter is increasing, driven by its booming foodservice and bakery industries. Collaborations between local producers and international brands like ๐…๐จ๐ง๐ญ๐ž๐ซ๐ซ๐š have improved the availability of high-quality butter. The Thai government's focus on boosting the dairy sector provides additional opportunities.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's butter market is characterized by a shift toward premium and organic options. Companies like ๐Œ๐ž๐ ๐ฆ๐ข๐ฅ๐ค ๐’๐ง๐จ๐ฐ ๐๐ซ๐š๐ง๐ and ๐Œ๐จ๐ซ๐ข๐ง๐š๐ ๐š ๐Œ๐ข๐ฅ๐ค ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ are expanding their portfolios with innovative products. Strategic mergers and collaborations, such as Megmilk's partnerships with bakery chains, underline consolidation trends.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's butter market is experiencing robust growth due to increasing Western-style bakery consumption and the rise of e-commerce platforms. Companies like ๐ˆ๐ง๐ง๐ž๐ซ ๐Œ๐จ๐ง๐ ๐จ๐ฅ๐ข๐š ๐˜๐ข๐ฅ๐ข and ๐Œ๐ž๐ง๐ ๐ง๐ข๐ฎ ๐ƒ๐š๐ข๐ซ๐ฒ are investing in local production to meet rising demand. Government policies supporting dairy import diversification are further enhancing market dynamics.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/148628/

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's butter market is growing due to rising demand for premium and organic dairy products. Companies like ๐’๐ž๐จ๐ฎ๐ฅ ๐ƒ๐š๐ข๐ซ๐ฒ ๐‚๐จ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ฏ๐ž and ๐Œ๐š๐ž๐ข๐ฅ ๐ƒ๐š๐ข๐ซ๐ข๐ž๐ฌ are introducing high-quality butter to cater to health-conscious consumers. Partnerships with global dairy brands are further boosting market innovation.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's butter market benefits from its thriving foodservice industry and consumer preference for artisanal and gourmet products. Companies like ๐€๐ง๐œ๐ก๐จ๐ซ and ๐๐ซ๐ž๐ฌ๐ข๐๐ž๐ง๐ญ are collaborating with local distributors to strengthen their presence. The government's initiatives promoting sustainable packaging for food products further add to market growth.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States remains one of the largest markets for butter, driven by the rising popularity of baked goods and organic food products. Key players such as ๐‹๐š๐ง๐ ๐Ž'๐‹๐š๐ค๐ž๐ฌ, ๐Š๐ž๐ซ๐ซ๐ฒ๐ ๐จ๐ฅ๐, and ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐•๐š๐ฅ๐ฅ๐ž๐ฒ are expanding their portfolios with grass-fed and flavored butter options. Innovations in sustainable packaging are shaping the future of the market.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's butter market is dominated by high-quality and specialty butter products, with companies like ๐€๐ซ๐ฅ๐š ๐…๐จ๐จ๐๐ฌ, ๐‹๐š๐œ๐ญ๐š๐ฅ๐ข๐ฌ, ๐š๐ง๐ ๐Š๐ž๐ซ๐ซ๐ฒ๐ ๐จ๐ฅ๐ leading the way. Strategic acquisitions and partnerships, such as Arla Foods' investments in premium butter production, are consolidating the market. EU policies promoting dairy sustainability further enhance growth prospects.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐•๐ข๐ง๐š๐ฆ๐ข๐ฅ๐ค partnered with international dairy brands to enhance butter production and export capacity in Vietnam.
๐…๐จ๐ง๐ญ๐ž๐ซ๐ซ๐š expanded its operations in Thailand by launching a new range of premium butter for the foodservice sector.
๐€๐ซ๐ฅ๐š ๐…๐จ๐จ๐๐ฌ announced investments in organic butter production facilities across Europe.
๐‹๐š๐ง๐ ๐Ž'๐‹๐š๐ค๐ž๐ฌ introduced innovative flavored butter options targeting health-conscious consumers in the US.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/148628/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐๐š๐ญ๐ฎ๐ซ๐ž

Organic
Conventional

The two segments of the butter market are conventional and organic. Despite their high price and difficult availability, consumers' growing health consciousness has led to a remarkable demand for organic products. Consumers who are concerned about their health choose private label items since they are good, reliable, and affordable. These shifts in preference have opened up new markets for producers of organic goods. As a result of consumer demand, many producers have started selling organic butter.

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž

Food Processing Industry
Foodservice Industry
Retail/Household

The butter market is divided into three segments: retail/household, foodservice, and food processing. In the food industry, butter is typically used to make a variety of food items as well as for frying and making sauces.It is used to season a variety of packaged foods and snacks, such as wafers and sweets. Millennials' desire for unique flavors and sensations is expected to create chances for butter producers. Additionally, the increased usage of inexpensive food in developing economies due to busier lifestyles and increased consumption of food consumed outside the home is driving greater demand for butter in the food service sector.

๐›๐ฒ ๐…๐จ๐ซ๐ฆ

Spreadable
Non-spreadable

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/butter-market/148628/
๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1.Royal FrieslandCampina N.V
2.Fonterra Co-operative Group Limited
3.Groupe Lactalis S.A.
4.Arla Foods amba
5.Amul (GCMMF)
6.Dean Foods Co
7.Glanbia Plc.
8.Saputo Inc.
9.Dairy Farmers of America
10.Valio Oy
11.Meiji Holdings Company, Ltd.
12.Land O' Lakes, Inc.
13.Granarolo S.P.A.
14.Nestlรฉ S.A.
15.Kerry Group
16.Sodiaal International SA
17.Britannia Industries Ltd

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Thin Boiling Starch Market https://www.maximizemarketresearch.com/market-report/thin-boiling-starch-market/147120/

โ™ฆ Wireless Keyboard Market https://www.maximizemarketresearch.com/market-report/global-wireless-keyboard-market/3701/

โ™ฆ Global Cesium Market https://www.maximizemarketresearch.com/market-report/global-cesium-market/89395/

โ™ฆ Industrial Palletizing Robots Market https://www.maximizemarketresearch.com/market-report/industrial-palletizing-robots-market/77409/

โ™ฆ Operational Technology Market https://www.maximizemarketresearch.com/market-report/operational-technology-market/171620/

โ™ฆ Global Fall Detection System Market https://www.maximizemarketresearch.com/market-report/global-fall-detection-system-market/25573/

โ™ฆ Global Conductive Inks Market https://www.maximizemarketresearch.com/market-report/global-conductive-inks-market/33202/

โ™ฆ Enterprise Risk Management Market https://www.maximizemarketresearch.com/market-report/global-enterprise-risk-management-market/39991/

โ™ฆ Global Soy Milk Market https://www.maximizemarketresearch.com/market-report/global-soy-milk-market/77593/

โ™ฆ Ductless HVAC System Market https://www.maximizemarketresearch.com/market-report/global-ductless-hvac-system-market/28305/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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Oat Butter Market SWOT Analysis 2021 by Players - Lauds, Miyoko's Creamery, Natu โ€ฆ
According to our latest market study on "Oat Butter Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Organic, Conventional); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Others) and Geography," Oat butter is basically produced from the oil of the oat kernels having a yellowish orange to greenish soft solid color. Oats are a rich source of minerals, vitamins, fibers, and antioxidants which include avenanthramidesโ€ฆ
06-24-2020 | Business, Economy, Finances, B โ€ฆ
Data Bridge Market Research
Peanut Butterย Market 2020-2027 Advance Study Focusing On Major Product Types- S โ€ฆ
Peanut Butterย Marketย Overview 2020-2027: Peanut butter market is anticipated to dominate the market with a market value of USD 4.20 billionย in 2019 and is expected to grow with aย growth rate of 6.10% in the forecast period of 2020 to 2027.ย  The latest Marketย report by a Data Bridge Market Researchย with the titleย [Global Peanut Butterย Marketย โ€“ Industry Trends and Forecast to 2027].ย  Get a PDF Sample copy (including COVID-19 impact analysis and up-to 30% discountย ) @ย  https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-peanut-butter-marketย  Inโ€ฆ
02-21-2020 | Business, Economy, Finances, B โ€ฆ
e-market research
Global Almond Butter Market 2019-2025 : Barney Butter, MARANATHA, Futter's Nut B โ€ฆ
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Almond Butter Avail a sample copy before purchaseโ€ฆ